Thursday, February 12, 2009

Michelle Obama On Tax Breaks, $400 Is Greater than $600

Yesterday we learned that President Obama's landmark "Making Work Pay" legislation in the CRAPulus bill will give every working adult $400... spread out over time to give each of a whopping $8 more per week.

Last year, we each got a one time check for $600. You don't need to be an economist to realize that $600 in one shot will do more to "jolt" an economy than $8/week.

Yes, I realize the Bush tax cuts were no panacea for the economic woes this country now faces, but let's at least be consistent in our rhetoric, you know?

Michelle Obama didn't think very much of President Bush's Economic Stimulus checks last year. The snobby elitist showed her true colors then, and how out of touch with America the Obamas really are.

The Washington Times reported last July:

Mrs. Obama said in Pontiac, Michigan, Wednesday that if her husband is elected he will offer more than a "quick fix" on the economy.

"You're getting $600 - what can you do with that? Not to be ungrateful or anything, but maybe it pays down a bill, but it doesn't pay down every bill every month," she said. "The short-term quick fix kinda stuff sounds good, and it may even feel good that first month when you get that check, and then you go out and you buy a pair of earrings."

Maybe $600 isn't much to the First Lady, but it's a lot to many people.

$8/week won't do much good for anyone.


Obama's Landmark "Making Work Pay" Tax Relief: $8 More Per Week That Is Supposed To Stimulate You And End Recession

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